GBGroup has reported an excellent half-year performance with revenues at the Chester-headquartered identity intelligence specialist climbing to £32.3m.

The company has announced in a pre-close trading update that group revenues are expected to climb by 39 per cent year on year to £32.3m in the six months ending 30 September 2015, up from 28 per cent a year earlier. This includes organic growth of 18 per cent.

Adjusted operating profits are forecast to increase by 21 per cent to £4.5m over the same period after investing an additional £1.3m in product and business development to drive future growth.

Richard Law, chief executive of GBGroup, said: "The team at GBG has achieved another excellent  performance in the period, both in terms of our high growth and continuing to lay the strategic groundwork to support our expansion in the UK and globally."

The group's full half-year results will be announced on 1 December 2015.

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